(1) Subject to this Act, an association’s constitution binds the association and its members to the same extent as if it were a contract between them under which they each agree to observe its provisions.

(2) Subject to this Act, a member of an association (including a committee member and the public officer) is not, merely because of being such a member, liable in relation to:

(a) any of the association’s liabilities, or

(b) the costs, charges and expenses of the winding up of the association.

(3) Subject to this Act, membership of an association does not confer on a member any right, title or interest, whether legal or equitable, in the association’s assets.